What's on Practical Law?
Purchase Agreement: Due Diligence Condition
Practical Law Standard Clauses w-001-0169 (Approx. 4 pages)
Purchase Agreement: Due Diligence Condition
by Practical Law Corporate & Securities
Also known as a due diligence out, this is a closing condition that permits the buyer not to close an acquisition if it is not satisfied with the results of its due diligence investigation of the target company or business. This provision can be used in connection with a private stock purchase, asset purchase, or merger. This Standard Clause has integrated notes with important explanations and drafting and negotiating tips.
Get full access to this document with a free trial
Try free and see for yourself how Practical Law resources can improve productivity, efficiency and response times.
About Practical Law
This document is from Thomson Reuters Practical Law, the legal know-how that goes beyond primary law and traditional legal research to give lawyers a better starting point. We provide standard documents, checklists, legal updates, how-to guides, and more.
Learn more- Expert Guidance
650+ full-time experienced lawyer editors globally create and maintain timely, reliable and accurate resources across all major practice areas.
- Trust
83% of customers are highly satisfied with Practical Law and would recommend to a colleague.
- Improve Response Time
81% of customers agree that Practical Law saves them time.
End of Document
Resource ID w-001-0169© 2024 Thomson Reuters. All rights reserved.